A Company's Value Chain Identifies

question 14

Multiple Choice

A company's value chain identifies

• A)the steps it goes through to convert its net income into value for shareholders.
• B)the primary activities that create value for customers and related support activities.
• C)the series of steps it takes to get a product from a raw materials stage to a finished product.
• D)the activities it performs in transforming its competencies into distinctive competencies.
• E)the competencies and competitive capabilities that underpin its efforts to create value for customers and shareholders.

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Definitions:

Work Related Transactions

The interactions or exchanges that occur in a professional setting, involving tasks, services, or information.

Transformational Leader

A leader who inspires followers to exceed their own self-interests for the good of the organization, creating significant positive changes.

Individualized Consideration

An approach where leaders acknowledge and support each follower's unique needs, personal development, and mentoring.

Achievement and Growth

Refers to the process of achieving personal or professional milestones and experiencing developmental advancements over time.